Central Depository Services’ share price has rallied more than 50% in the last three months. Are you wondering what’s pumping this stock up?

The counter has been seeing a large volume of trade. In May alone, the traded volume stood at 11.66 crore shares, while in April, 9 crore shares changed hands. This is significantly higher than the 7.6 crore shares traded in February,

CDSL Q4 results 2025

The company reported a drop of 22% year-on-year in its Q4 FY25 to Rs 100.39 crore, compared with a profit after tax of Rs 129.4 crore in the same quarter a year ago. The revenue from operations declined 6.7% YoY to Rs 224.45 crore in the fourth quarter of the financial year 2024-25.

The total income fell to Rs 267.37 crore as against Rs 256 crore posted in the corresponding quarter of the previous fiscal year, and the total expenses surged to Rs 129.40 crore YoY, up from Rs 100.9 crore in Q4FY24.

Also, the board recommended a final dividend of Rs 12.50 per equity share.

CDSL Q3 results 2025

Q3 was a significantly better quarter in terms of financial performance. CDSL recorded a 21.5% jump YoY in its consolidated net profit to Rs 130 crore in the third quarter compared with Rs 107 crore in Q3 FY24. CDSL’s total income came in at Rs 298 crore for Q3 FY25, a jump of 26.3% YoY, compared with Rs 236 crore reported in the corresponding quarter of the past financial year.

CDSL: Strategic position 

Weak Q4 notwithstanding, many investors are taking solace in CDSL’s strategic role. Apart from NSDL, which has filed for its IPO, the Central Depository Services India is the only other depository in the country. It is, in fact, the largest, in terms of demat accounts, with a large retail base. In simple language, it helps investors store their shares digitally.  It handles KYC for share market investors and ensures smooth disbursement of dividends, bonuses and other corporate transactions. In fact, the  Central Depository Services India is a designated MII or Market Infrastructure Institution and plays a crucial role in ensuring smooth operation across the share market and investment ecosystem. 

CDSL share performance

The share price of CDSL has risen more than 12% in the past five trading sessions. The stock has given a return of 32% in the last one month and is up 50% in 3 months. However, it has erased value worth over 6% in the previous six months. It has raised investors’ money by 76% in the previous one year.